SINGAPORE (May 14): Straits Trading Company reported earnings $17.3 million for 1Q19, up 78.1% from $9.7 million in 1Q18 due to higher share of results of associates and joint ventures (JVs) as well as improved overall performance across all of its business segments. The latest set of results bring...

SINGAPORE (Apr 29): CGS-CIMB Securities and Maybank Kim Eng are maintaining their “buy” calls on Far East Hospitality Trust (FEHT) with target prices of 71 cents and 80 cents respectively. Although off to a slow start in 1Q19, CGS-CIMB says the hospitality REIT should gain on lower cost of equi...

Submitted By:  Arianna Danganan Case Study:  No The income boost came from contributions from Oasia Hotel Downtown. Far East Hospitality Trust’s (Far East H-T...

Submitted By:  Arianna Danganan Case Study:  No Weaker corporate demand led to a soft quarter for Singapore RevPARs. Far East Hospitality Trust’s (Far East H-...

FAR East Hospitality Trust (H-Trust) saw its distribution per stapled security (DPS) for the first quarter ended March 31 fall 3.2 per cent to 0.91 Singapore cent, from 0.94 Singapore cent a year ago. 

SINGAPORE (Apr 25): The manager of Far East Hospitality Trust (FEHT) has declared 1Q19 DPU of 0.91 cent, 3.2% lower than 0.94 cent in 1Q18. Income available for distribution also saw a slight 1.2% decrease to $17.4 million from $17.6 million a year ago. As at Mar 31, the trust’s portfolio include...

FAR East Hospitality (FEH) will expand into Vietnam in the next few years, as the Singapore hotelier bets on the country's fast-growing tourism market.

SINGAPORE: Hotel and serviced residences operator Far East Hospitality said on Wednesday (Apr 17) it is expanding into Vietnam, with two boutique hotels set to open in Ho Chi Minh City by the end of the year. The company currently operates 90 hotels and serviced residences in seven countries ...

SINGAPORE (Apr 17): Far East Hospitality, the operator of hotels and serviced residences, announced that it is expanding its regional footprint into Vietnam. Far East Hospitality, which is a 70-30 joint venture between Far East Orchard and The Straits Trading Company, signed a hotel management and ...

SINGAPORE (Apr 16): OCBC Investment Research has downgraded its recommendations for both Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) to “hold” from “buy”, after a strong rally so far this year for the two hospitality REITs. “ART and FEHT have inched up toward our fa...